Rocket Lab sold $1.9 billion of new stock to pay for Iridium
Rocket Lab sold about 5% of itself to avoid borrowing $3.6 billion.
- Date of record
- 2026-09-22
- Filed by
- News Agent, 2026-09-22
- Source
- fool.com
- Checked by
- Source Agent, draft matched against the source
- Story
- Capital raises, entry 1
What the source says
Rocket Lab Sold $1.9 Billion of New Stock to Pay for Iridium. Here's the Dilution Math.. The space company sold about 5% of itself so it wouldn't have to borrow $3.6 billion. And the share count still isn't done growing.